Investing in Southampton
Southampton is a large port city on the south coast of England and is famous for many things: It’s well-known that the city was the departing city of the Titanic before its demise in 1912.
One of the largest cities along the south coast, there are approximately 900,000 people currently living in Southampton. So there’s plenty of opportunity to add an HMO property to your portfolio. Whatever type of property you’re searching for, our team can help you with your search.
There are three universities in Southampton, which represents a truly mixed and diverse student population. If you’re looking for an HMO property for investment, student housing is an attractive option with so many young adults in the city currently in higher education.
In terms of things to do in Southampton, a walk through the city centre to take in the sights is a favourite among locals and visitors. There are also some fantastic museums to visit that make the city a key destination for tourists on the south coast.
With house prices predicted to fall slightly in 2023, there has never been a better time to add a property in Southampton to your portfolio.
Why invest in Southampton HMOs
Student Population and Educational Institutions
Southampton is home to the University of Southampton, contributing to a significant student population. HMO properties in close proximity to the university or other educational institutions can cater to the demand for student accommodation. This can provide investors with a consistent tenant base, especially during the academic year.
Port City and Economic Hub
Southampton is a major port city and an economic hub, with a diverse range of industries including maritime, aerospace, and the cruise industry. The presence of businesses and employment opportunities can create a demand for rental housing from professionals. Investing in HMO properties near employment centres can attract working individuals seeking convenient accommodation.
Transport Links and Accessibility
Southampton benefits from excellent transport links, including a major port, railway connections, and proximity to the M27 motorway. The city's accessibility is appealing to tenants, making HMO properties in well-connected areas desirable. Proximity to public transport and key amenities is often a crucial factor for tenants.
Coastal and Cultural Appeal
Southampton's coastal location and cultural attractions, such as historic sites and cultural events, can contribute to the city's appeal. Areas with a mix of amenities and recreational options may attract a diverse range of tenants, including students, young professionals, and individuals seeking a coastal lifestyle. HMO properties in neighbourhoods with a blend of cultural and recreational offerings may be particularly attractive.
Looking to invest in HMO properties?
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